PROACTIS Holdings PLC Issue of Equity (4580K)

TIDMPHD

RNS Number : 4580K

PROACTIS Holdings PLC

14 December 2018

14 December 2018

PROACTIS Holdings PLC

Issue of equity

PROACTIS Holdings PLC ("PROACTIS", the "Group" or the "Company"), the global spend management and B2B eCommerce solution provider, today announces that 25,000 ordinary shares of 10p each in the share capital of the Company ("Ordinary Shares") have been issued and allotted pursuant to the exercise of share options by a certain employee.

Application has been made for the 25,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 19 December 2018. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 94,628,614. Accordingly, the figure of 94,628,614 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

 
 PROACTIS Holdings PLC 
 Tim Sykes, Chief Financial Officer      Via Redleaf Communications 
 Redleaf Communications 
 Elisabeth Cowell 
  Bob Huxford 
  Fiona Norman                           0207 382 4730 
 
 finnCap Limited 
  Carl Holmes/Emily Watts - Corporate 
  Finance                                0207 220 0500 
 
 

Notes to Editors:

PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is used in approximately 1,000 organisations around the world from the commercial, public and not-for-profit sectors.

PROACTIS is head quartered in London and floated on the AIM market of the London Stock Exchange in June 2006.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

IOEFKNDBFBDDQBD

(END) Dow Jones Newswires

December 14, 2018 02:00 ET (07:00 GMT)